Apple has agreed to settle a class action lawsuit related to children inadvertently making purchases in the Apple Store for iOS devices, according to Reuters. The class action lawsuit concerned customers who were charged when their children downloaded applications from the company's online store.

Under the proposed settlement, Apple could be on the hook for $100 million because it has agreed to give 23 million customers a $5 iTunes store credit. That $100 million price tag may change when the settlement is finalized by the court. Those customers claiming that purchases made by their children of $30 or more will be able to choose to receive a cash refund instead of an iTunes store credit, according to the filing.

The lawsuit was filed by parents in 2011 who were angry that their children were able to purchase apps and in-game items without their knowledge or permission. The lawsuit also alleged that "Apple failed to adequately disclose that third-party Game Apps, largely available for free and rated as containing content suitable for children, contained the ability to make In-App Purchases." The proposed settlement still requires court approval, which will be hashed out in a hearing on March 1.